The Finance Minister presented an action-packed budget today with a number of changes on the personal taxation and capital gains front. Here are the important changes. #1 Increase in Capital Gains Tax (Negative) Long term capital gains (LTCG) tax on sale of stocks/equity funds has been increased from 10% to 12.5%. The exempt LTCG limit… Continue Reading
Have you felt the need for gold in your investment portfolio? If you have not, you need to think again. Gold is a physical asset, is globally priced and can be a good hedge against high inflation and rupee depreciation. Even though gold is a speculative asset, it deserves a small part in your investment portfolio… Continue Reading
We discussed some of the traditional investment products in the first part of this article. In continuation of where we left off, we shall look at some other investment avenues. To start with, let us look at another popular plain vanilla product – Recurring Deposit (RD). This product is available with all the banks with… Continue Reading
Inflation can be defined as across the board sustained increase in prices of domestic as well as imported goods and services and fall in the purchasing power of the home currency. Inflation rate can be measured through a benchmark price index. It can be wholesale price index (WPI) or consumer price index (CPI). A price index… Continue Reading